The Arizona Board of Regents has approved a one-year extension of a contract that will pay Arizona basketball coach Sean Miller a total of $2.6 million plus incentives by the contract's final year in 2016-17.
Miller’s contract extension, giving him the maximum of five years allowed under Board guidelines, was approved without discussion as part of the “consent agenda” voted on before today’s meeting ended in Flagstaff.
UA also added a $500,000 buyout to Miller’s contract. Language in Miller’s original contract had him exempt from a buyout when there were NCAA sanctions on the program as a result of violations from before his tenure, which were announced in 2010.
UA athletic director Greg Byrne said he wanted Miller to have the maximum five years on his contract as much as possible.
“We want to continue to show our support for him and the program,” Byrne said. “I’ve told him many times that I don’t want to work with another basketball coach if I can help it. I totally believe in the direction of the program.”
Miller was awarded a five-year contract last spring that pays him an extra $100,000 in base salary at the end of every season. He is scheduled to earn $2.2 million plus incentives next season: $1.1 million in base salary and $700,000 in extra compensation for radio, television and public appearances, plus $400,000 from IMG.
With the $100,000 annual increases, Miller is scheduled to earn $2.6 million in total compensation by the 2016-17 season, including a base salary of $1.5 million.
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